BP‘s third effort to cap the destroyed Deepwater Horizon well seems to have been successful, as pressure tests have not done further damage to the emergency mechanisms. As of posting (the afternoon of 16 July), the BP Global website stresses the cleanup of the Gulf without immediate mention of the successful capping done yesterday. Discussion […]
Constitutional Balance of Powers Helps Avoid Tyranny of Majority (and Minority)
The framers of the US Constitution wanted to establish a number of levels (the document assumes local governments and outlines the national government’s inability to interfere in the jurisdictional prerogatives of the states) and branches of government (Executive, Legislative, and Judicial). One of their ideals was to avoid the sort of monarchic or aristocratic amalgamations […]
Elizabeth Warren Still Fighting For Consumer Protection
Almost a year ago, Elizabeth Warren began a focused campaign to bring consumer protections to the discussion about financial and credit reform. She is Leo Gottlieb Professor of Law at Harvard University, and (yet?) chose to introduce her position on such protections via the following YouTube video: That was a year ago. Where is she […]
Jobs Report Suggests Slight Or Slighter Growth Depending on Source
The release of the government’s jobs report this past week was cause for about as much speculation as Apple Inc.’s World Wide Developers’ Conference is this week. And just as people pretty much knew about Apple’s fourth-generation iPhone weeks ago, so people were pretty sure what the jobs report would look like before it was […]
“BP Cares” About Public Relations, Though ‘Public’ Seems A Sticking Point
Like we said, the great satire of @BPGlobalPR forces one to hesitate before laughing or crying, unsure which is the proper response. Leroy Stick continues to lambast people’s mushy responses to this little setback. I mean, “So YOU want to see pictures of dead animals covered in oil and WE are the bad guys!? Sick […]
Remembering Memorial Day
First and foremost, let us take a moment to remember those who have served in the country’s armed services. Whatever your politics, whatever your position on US foreign policy, whatever your position on the contentious issues of Afghanistan and Iraq, surely you will agree that our service men and women sacrifice a lot – if […]
Kicking A (Housing) Market While It’s Down
We are not a glum group at MKCREATIVE by any means. We just believe ‘forewarned is forearmed.’ Yesterday we discussed the local (read: Baltimore-Washington region) housing market, which did not enjoy a notable bubble and (thus?) has not suffered a violent bust. Nevertheless, the region is seeing a striking deflation in home values as foreclosures […]
BP’s Oil Spill in Gulf Looks Like Déjà Vu All Over Again
No, we are not referring to the many other oil spills and cleanup operations that have happened in recent memory. We are talking about the dance the BP Corporation is leading to get around being blamed for the spill, and the righteous indignation Congress people are getting themselves lathered up to look like they will […]